eyes Philippines - 17th June 2008
Having this month scrapped plans
to build the world's tallest casino in Las Vegas,
James Packer has set his eyes on further expansion
reports say he is close to signing a deal to build
a $US1.5 billion ($A1.6 billion) casino complex
in the Philippines.
Packer is owner of British Virgin Islands-based
company Bloombury Investments, the South China
Morning Post said.
paper cited the president and chief operating
officer of the state-owned Philippine Amusement
and Gaming Corporation (Pagcor), Rafael Butch
has been confirmed as one of four local and international
developers seeking to secure gaming licences and
join a $US15 billion mega-project to build a Las
Vegas-style casino and entertainment hub on land
facing Manila Bay.
company wants to build three luxury hotels, upmarket
shops, restaurants and an entertainment and sports
and Casino News